Tankerska Plovidba takes over Zadar Turisthotel

After taking over the largest individual share of 24.5 percent of the share capital in the Zadar tourism company in November last year, the transportation company Tankerska plovidba is now starting the Zadar Turisthotel takeover process.

The company submitted a notice to the Zagreb Stock Exchange about the emergence of the obligation to announce the offer for the takeover of the Zadar Turisthotel company, by concluding an agreement on the transfer of shares with five shareholders of Turisthotel on January the 18th, 2023. Tankerska plovidba thereby acquired another 14.61 percent of the company's share capital, seeing them reach a total ownership share of 39.34 percent of the company's capital. As was stated in the notification, the subject of the takeover offer will be all registered shares of the Target Company, series A, with an individual nominal amount of EUR 76.98.

One month ago at the open day for shareholders, the Zadar Turisthotel company announced investments of EUR 113 million over the next five years, primarily in the renovation and construction of new accommodation facilities and other entertainment facilities.